I'll follow this up with charts and a more complete update, for now 1 min charts suggest an intraday bounce, I was watching to see if it may be a new divergence over the possible Congressional budget deal that "could " be struck tomorrow, but it looks like it's just an intraday bounce for now.
Otherwise, signals remain negative.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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